potential investors in SCCO should not discount this possibility, especially given the fact that the stock has more than doubled from its 2016 lows. Another potential risk facing Southern Copper stems from its relationship with both the jurisdictions in ...
The company holds the No. 3 rank among its peers in the Mining-Metal Ores industry group. Southern Copper (SCCO) is the No. 1-ranked stock within the group. 4/24/2018 Freeport-McMoRan reported first-quarter earnings early Tuesday that trailed Wall Street ...
Some of the biggest gainers among basic materials stocks include: Southern Peru Copper Corp (SCCO): SCCO stock is up 2.7% today. Gerdau S.A. (GGB): GGB stock is up 2.0% today. Rio Tinto Plc (RIO): RIO stock is up 2.0% today. Methanex Corp (MEOH): MEOH ...
Grupo Mexico decided they wanted to get some liquidity so they offered to sell Minera to Southern Copper for $3 billion in SCCO stock, which Grupo Mexico could readily convert to cash. Problem is, Southern Copper’s bankers at Goldman thought Minera was ...
I love to find a sound business whose stock price has been pummeled in the uncertain ... low of $25.06 and closed Friday at $24.98. Action to Take: Buy Southern Copper Corp. (NYSE: SCCO) (**). Southern Copper Corp. gives us a chance to own the longest ...
Professionals know that the market price of a stock offers far more information than any one data ... and Southern Copper (NASDAQ:SCCO).
Copper’s recent surge, which was attributed to an improving Chinese economy, has begun to stall. Copper prices spiked approximately 7.8 percent through the first half of August, but have since fallen roughly 2.8 percent from last month’s peak.
Review of HudBay Minerals Inc (NYSE and TSX: HBM) Fundamentally, while Finances and Yield are not terrific in the case of HudBay (HBM), the stock compares extremely favorably to BHP Billiton (BHP), Freeport-McMoRan (FCX) and Southern Copper (SCCO), which ...
4-Traders · 7mon
Pete Najarian is long stock AAPL, BAC, BKE, CMCSA, CSX, DIS, GIS, GM, HAL, IBM, KO, MRK, MSFT, NKE, NTRS, PEP, PFE, SNBR, TPX, TRN, UPS, VIAB, WDC, WFC, WYNN. Pete owns TLT, VRX puts. Bought calls: JD, M, QRVO, SCCO. Bought stock TPX. Sold UAL stock.
Disappointing data out of China, who accounts for 40.0 percent of global copper consumption, pressured copper prices lower Monday. Prices for the commodity have fallen roughly 10.0 percent in 2014. The General Administration of Customs reported China’s ...